USDC Surges: $1 Billion Added in 7 Days, Total Supply Hits 73.7 Billion – What's Driving the Growth?

USDC's circulating supply grew by approximately 1 billion tokens over the past week, reaching a total of 73.7 billion. This net increase was driven by around 11.2 billion in new issuances, offset by roughly 10.2 billion in redemptions. With reserves backing the stablecoin at about $74 billion, the data points to robust market demand and active capital movement within the crypto ecosystem.

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Baidu Cloud Restructures Again: MaaS Merges into Infrastructure, Agent Business Stands Alone, Three New Divisions Emerge

Baidu Intelligent Cloud has restructured its internal organization. The Platform Products Division is now the Agent Division, with its MaaS business moving to Infrastructure. Three new divisions are established, each led by separate executives reporting directly to Shen Dou, aiming to sharpen focus on AI infrastructure, agent products, and industry applications.

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